Mortgage Calculator FRM is a simple and easy to use mortgage calculator(Fixed Rate).Enter loan amount, interest rate and term (years) the app will calculate the monthly payments, total interest paid and total mortgage cost.
Mortgage Calculator FRM is mainly target to facilitate home buyers but it can be used to calculate the monthly payments
for anything requiring a loan with a fixed interest rate, a car, a boat or a educational loan.
This app will help you to compare multiple loan terms side-by-side and make a smart decision on what house you can afford.
The inclusion of a Amortization Table lets you check amortization schedules to determine just how much interest you will have to pay over the life of a loan.
Amortization Tables are also useful in calculating exactly how much principal is left to be paid in a loan, which is helpful for loan prepayment.
The Calculator can be moved to SD-card (Android 2.3 and above).
If you have any suggestions, or requests for additional features, please send me an email at [email protected]
Include Effective Rate